May Valley Water Association

Organization Overview

May Valley Water Association is located in Wiley, CO. The organization was established in 1968. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, May Valley Water Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. May Valley Water Association is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 06/2022, May Valley Water Association generated $657.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $692.1k during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE WATER TO MEMBERS UNDER THE MAY VALLEY WATER ASSOCIATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE POTABLE DRINKING WATER TO MEMBERS OF THE MAY VALLEY WATER ASSOCIATION.


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Board, Officers & Key Employees

Name (title)Compensation
Greg L Colvin
President
$780
Robert Fleming
Director
$780
Dale Mauch
Assistant Secretary
$720
David Brase
Vicepresident
$660
Mike Downing
Secretary
$420

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Carrisgan Excavating
Replace Water Lines
$46,940
Dewitt Excavating Inc
Repair Water Leaks
$30,928
Amairitek Services Inc
Paint Storage Tanks
$20,780
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$646,809
Investment income $1,248
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $657,899

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